…GTCO was the most traded stock by volume and value at 66.05 million units and N2.93 billion, respectively.
…The total trading volume increased by 91.6% to 529.37 million units, valued at N10.49 billion, and exchanged in 7,616 deals
THUR JUNE 27 2024-theGBJournal| The Nigerian equities market traded with mixed sentiments Thursday as the gain in SEPLAT (+10.0%) offset the loss in MTNN (-6.9%).
As a result, the All-Share index closed flat at 99,396.23 points, with the Month-to-date and Year-to-Date returns unchanged at +0.1% and +32.9%, respectively.
The total trading volume increased by 91.6% to 529.37 million units, valued at N10.49 billion, and exchanged in 7,616 deals. GTCO was the most traded stock by volume and value at 66.05 million units and N2.93 billion, respectively.
From a sectoral perspective, the Oil and Gas (+5.7%), Banking (+1.1%), Consumer Goods (+0.2%), and Insurance (+0.1%) indices advanced, while the industrial goods index remained flat.
As measured by market breadth, market sentiment was positive (2.2x), as 33 tickers gained relative to 15 losers. CUTIX (+10.0%) and SEPLAT (+10.0%) topped the gainers’ list, while DAARCOMM (-8.9%) and CILEASING (-8.5%) recorded the highest losses of the day.
The naira depreciated by 0.2% to N1,510.10/USD in the Nigerian Autonomous Foreign Exchange Market (NAFEM).
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